Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
British Pound/Turkish Lira (FOREX:GBPTRY)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GBPTRY
The long term trend has been UP since Dec 9th, 2019 at 7.637685
The intermediate term trend has been UP since Jan 31st, 2020 at 7.880843
The short term trend has been UP since Feb 11th, 2020 at 7.802618
Smart Scan Analysis for GBPTRY
Based on a pre-defined weighted trend formula for chart analysis, GBPTRY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).